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Q: What market strategy is used to entice the consumer to make a purchase?
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What is a consumer market?

The consumer market is a non-business group of people that purchase goods and services.


What is the difference between a business market and a consumer market?

Consider a product that has both a consumer and business market. For example -- personal computers. Can a firm market its products to both the business and consumer markets with one strategy?


How an understand of consumer behavior is useful to you in terms of market segmentation strategy?

When you understand consumer behavior you can better come up with strategies that cater to that particular markets needs. Without knowing the behavior you cannot utilize a strategy for your market segment that will be effective in marketing communications.


How does market research advertise techniques try to persuade a consumer to purchase a product?

Market research advertise techniques try to persuade a consumer to purchase a product in a number of ways. Through the research the firm is able to identify what exactly the consumer needs.


What is the difference between organizational market and consumer market?

A consumer market targets individuals with products. For example, if you purchase shoes from Nike you are part of Nike's consumer market. An organizational market is related to businesses, organizations, or government bodies. For example, Gerber Knives sells multi-tools to the US Army. Therefore the US Army is an organizational market. In business these two terms are often referred to as b2c and b2b. (business to consumer, and business to business)

Related questions

What motivates the Market economy?

the purchase of a consumer (CONSUMER) (: welcomeee


What is a consumer market?

The consumer market is a non-business group of people that purchase goods and services.


What is the difference between consumer market and the business market?

Consider a product that has both a consumer and business market. For example -- personal computers. Can a firm market its products to both the business and consumer markets with one strategy?


What is the difference between a business market and a consumer market?

Consider a product that has both a consumer and business market. For example -- personal computers. Can a firm market its products to both the business and consumer markets with one strategy?


If you read Consumer Report magazine you are employing this information- gathering strategy?

If you are reading Consumer Reports magazine, you are employing the information gathering strategy of market research. The specific strategy is searching.


How an understand of consumer behavior is useful to you in terms of market segmentation strategy?

When you understand consumer behavior you can better come up with strategies that cater to that particular markets needs. Without knowing the behavior you cannot utilize a strategy for your market segment that will be effective in marketing communications.


How does market research advertise techniques try to persuade a consumer to purchase a product?

Market research advertise techniques try to persuade a consumer to purchase a product in a number of ways. Through the research the firm is able to identify what exactly the consumer needs.


If you read consumer report magazine your are employing this information-gathering strategy?

If you read consumer report magazine, you are employing this information-gathering strategy in your marketing plans. This will give you insight on the consumer demands in the market as well as the relevant trends that are being used for marketing purposes.


To create a coordinated marketing message marketers must have information about the consumer the?

competition, the product, the market, and the strategy of the organization


What is the difference between organizational market and consumer market?

A consumer market targets individuals with products. For example, if you purchase shoes from Nike you are part of Nike's consumer market. An organizational market is related to businesses, organizations, or government bodies. For example, Gerber Knives sells multi-tools to the US Army. Therefore the US Army is an organizational market. In business these two terms are often referred to as b2c and b2b. (business to consumer, and business to business)


What is the difference between a consumer market and organizational market?

A consumer market targets individuals with products. For example, if you purchase shoes from Nike you are part of Nike's consumer market. An organizational market is related to businesses, organizations, or government bodies. For example, Gerber Knives sells multi-tools to the US Army. Therefore the US Army is an organizational market. In business these two terms are often referred to as b2c and b2b. (business to consumer, and business to business)


Why nearly every purchase you make provides you with consumer surplus?

Because most consumers who trade in a market have a willingness to pay greater than the price, this means that most trades in a market provide consumer surplus.